what is the best bank to get an account with after being bankrupt?

Question

i have just recieved my discharge papers after being bankrupt and need an account to set up direct debit etc help\?????????

Answer 1

you should be able to open a regular account but you wouldn't be issued cheques because of your credit history

Answer 2

Unless another bank was a part of your bankruptcy, you can get an account anywhere.

Bankruptcy affects your credit rating and score. Banks look at that if you are applying for a line of credit of some sort.

If another bank was a part of your bankruptcy (bounced checks, overdrawn accounts, etc.), that is listed with ChexSystem (sp) and then you will have trouble.

If that is the case, open a secured account at any bank. You put up the money, and they "allow" you to use it under certain conditions.

Answer 3

Lloyds TSB gave me one while I was undischarged. I could only have a basic account though, which means I cannot go overdrawn or get anything other than a straight cash card which can only be used in Lloyds machines, as I am disabled this is a pain. If you have an income, I'd try any high street bank.

Answer 4

I don't think you will get one that will give you a debit card or direct debits all you will get is the basic cashcard for the hole in the wall.
My ex husband was made bankrupt and the basic hole in the wall is all I can get, I can't even get a chequebook

Answer 5

Most banks will work with you on this. Getting credit will be the difficult thing unless you have a very good paying job. I recommend going with a local credit union rather than a large bank as you are likely to get much more personalized service.
good luck.

Answer 6

7/11

Answer 7

Bank of America

Answer 8

Try coop. Or if you can Barclays will give you a cash account with direct debit facilities.

Answer 9

Natwest I Think, basic cashcard account will get you a solo debit card

craig
http://www.amadministration.co.uk

Answer 10

Any bank - you are no longer bankrupt.